2-bed · 1,184 sqftWarda 1, Town Square · 10th floor · completed 2019

1005, Warda 1

Sold prices and rental history: sold once, by the developer in December 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 24 December 2020
Last soldAED 921K24 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Warda 1

What is 1005 worth today?

Last sold for AED 920,888 in 2020

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24 Dec 2020Sold by developerReady
AED 920,888AED 777 per sqft

Source: Dubai Land Department. Updated 24 December 2020.

Key facts

Type
2-bed apartment
Size
1,184 sqft
Floor
10th of 19
Parking
P-201
Developer
Nshmi Development
Completed
2019
Service charge
AED 18,400 /yr
Last sold
AED 921K · December 2020
Building
Warda 1

About 1005, Warda 1

1005 is a two-bedroom apartment of 1,184 sqft on the 10th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 24 December 2020 for AED 920,888, or AED 777 per sqft, 3% below the AED 803 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical two-bed in Warda 1
1M1.5M2016201920222025Typical sale price by year: 2016 AED 1,065,888; 2017 AED 1,020,388; 2018 AED 932,388; 2019 AED 974,388; 2020 AED 925,888; 2021 AED 900,888; 2022 AED 850,000; 2023 AED 912,500; 2024 AED 1,162,500; 2025 AED 1,390,000; 2026 AED 1,500,000Sold by developer, December 2020: AED 920,888 (AED 777 per sqft)

1005 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1005, each contractTypical two-bed in Warda 1
60K80K2020202220242026Typical rent by year: 2020 AED 47,500; 2021 AED 48,000; 2022 AED 52,900; 2023 AED 57,750; 2024 AED 68,000; 2025 AED 78,000; 2026 AED 85,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Warda 1, and where 1005 sits

All 108 2-beds →

1005 last sold in December 2020 at AED 777 per sqft, 3% below what two-beds in Warda 1 were fetching at the time (AED 803). Over the last 12 months two-beds sold for AED 1,240,000 to 1,625,888, around AED 1,384 per sqft, and rent for AED 45,000 to 145,608 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20261,500,888
3 Nov 20261,520,000
15 Sep 20261,485,000
30 Jul 20261,550,000
11 2-bed sales in the last 12 months

Warda 1

Building

153 apartments, 1-bed to 3-bed over 19 floors in Town Square, completed in 2019 by Nshmi Development. 15 sold in the last 12 months.

Typical price per sqft
AED 1,384 Up 8.1%
Typical sale
AED 1.5M
Typical rent
AED 85K /yr
Typical yield
5.8%
Warda 1, Town Square: prices, sales and rents →

Other units on the 10th floor

All 153 units in Warda 1
Value
10013-bedAED 2.05M · May 2017
10022-bedAED 1M · Aug 2020
10032-bedAED 1.17M · Apr 2016
10043-bedAED 1.64M · Mar 2021
10062-bedAED 916K · Aug 2016
10072-bedAED 915K · Oct 2016
10082-bedAED 921K · Dec 2020

1005, Warda 1 in numbers

  • Sold once: by Nshmi Development on 24 December 2020 for AED 920,888, or AED 777 per sqft.
  • Two-beds in Warda 1 sold for AED 1,240,000–1,625,888 in the 12 months to November 2026; the building's median across all types is AED 1,384 per sqft.

Source: Dubai Land Department. Updated 24 December 2020.

Questions about 1005, Warda 1

What did unit 1005 last sell for?

AED 920,888 on 24 December 2020, sold by the developer: AED 777 per sqft for 1,184 sqft. It is the only registered sale of the unit.

How big is unit 1005?

1,184 sqft (110.0 sqm): a two-bedroom apartment on the 10th floor of a 19-storey tower completed in 2019.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Warda 1 sold for AED 1,240,000 to 1,625,888 in the last 12 months, around AED 1,384 per sqft.

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Mortgage on 1005, Warda 1

Starts from the last sale price (AED 921K, 24 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 920,888
Deposit, UAE resident (20%)
AED 184,178
Deposit, non-resident (40%)
AED 368,355
Monthly over 25 years at 3.7%
AED 3,768

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →